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Protect Yourself From These Potential IRS Scams in 2022

As the filing deadline is approaching and we’re headed down the final stretch of tax season, most Americans are fed up with the stresses of dealing with the IRS and have not gotten much help in return. As if this … Continue reading

 

Filing for an Extension – What to Know

As the tax deadline approaches, many taxpayers have still yet to file their taxes!  Many of those who still haven’t filed may be beginning to panic, but don’t worry, there is something you can do to give yourself some … Continue reading

 

Tax Deadline – April 18th This Year

Taxes and payments will be due this year on April 18th, 2022!  This is the case as the D.C. IRS office is closed on Friday, April 15th in observance of the locally recognized holiday Emancipation Day.  This … Continue reading

 

New York To Suspend Gas Tax

As lawmakers in Albany came to a “Conceptual” budget agreement last week, part of that agreement involves giving New Yorkers some much-needed relief at the gas pump. Governor Hochul announced that New York State plans to suspend its gas taxContinue reading

 

Majority of Cryptocurrency Investors have not Filed Taxes

By the end of March, only 3% of cryptocurrency investors had their taxes filed.  As a benchmark, overall, Americans have filed roughly 40% of individual returns that are expected to be received this tax year.  The report is coming directly … Continue reading

 

Tax Benefits of Having a Household Employee

If you hire people to work in your home, you may be legally obligated to pay their federal and state payroll taxes. You must also indicate on your annual tax return that you employ household workers. Here’s a snapshot … Continue reading

 

How To File an Extension

As the tax deadline approaches, many taxpayers have still yet to file their taxes!  Many of those who still haven’t filed may be beginning to panic, but don’t worry, there is something you can do to give yourself some … Continue reading

 

Household Employee Guidance

If you hire people to work in your home, you may be legally obligated to pay their federal and state payroll taxes. You must also indicate on your annual tax return that you employ household workers. Here’s a snapshot … Continue reading

 

Majority of Cryptocurrency Investors have not Filed Taxes

By the end of March, only 3% of cryptocurrency investors had their taxes filed.  As a benchmark, overall, Americans have filed roughly 40% of individual returns that are expected to be received this tax year.  The report is coming directly … Continue reading

 

NY Plans to Suspend Gas Tax – Effective June 1st

As lawmakers in Albany came to a “Conceptual” budget agreement last week, part of that agreement involves giving New Yorkers some much-needed relief at the gas pump. Governor Hochul announced that New York State plans to suspend its gas taxContinue reading